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May 25, 2012

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Home » Business » Energy

China says US grants infringe WTO rules

The United States provided unfair government grants to its renewable energy companies, which are prohibited under World Trade Organization rules, China said yesterday.

China's claim followed the US' move last week to impose anti-dumping tariffs ranging from 31 percent to more than 250 percent on Chinese exports of crystalline silicon solar panels.

"Preliminary investigations found that six supporting measures by the US government on its renewable energy industries violated WTO rules and can distort normal trade," the Ministry of Commerce said in a statement.

The ministry said the investigations were launched at the request of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products and the All-China Federation of Industry and Commerce in November.

The statement did not specify how the ministry will respond to the findings or any moves the country will take.

Last week, China denounced the US move to levy additional punitive duties on its solar products, saying the US was sending negative signals of trade protectionism to the world.

The ministry spokesman Shen Danyang said the US ruling was unfair and the tariffs would hurt both Chinese companies and American users.

The tariffs are on top of the anti-subsidy duties of up to 4.73 percent imposed by the US earlier this year on solar panels imported from China.




 

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